Domain Name Trading
Buying and selling domain names are getting more and more popular. Domain name trading is not new.
Since the early days of the World Wide Web, domain names were already traded for millions of dollar.
In 1998, Compaq paid US$3.3 million to buy Altavista.com. It was a record breaking domain name sale at that time.
The .com extension has always been the sought after domain. Nowadays, good .com domain name is hard to find. Dictionary word domains have all been snapped up.
Even though you may not find a good new domain to register, you can still get what you’re looking for at the secondary markets.
Domain Auctions
Usually, domain names are sold by auction to the highest bidder.
Sedo.com, Afternic.com and TDNAM.com are some popular domain auction sites where you can find good domain. However, prices varies over time. A domain that you paid $500 last week may be able to fetch $600 or more this week. Due to the increasing demand, domain name speculation is becoming a very lucrative business.
Domain Name Valuation
Before you rush out and buy your domain names from the secondary markets, you may want to do a little homework and learn how to gauge the value of domain name. To many people, domain name valuation may seem more of an art than a precise science.
The appraised value of a domain by a valuer may varies from several hundred dollars to more than than $10,000. Different valuers may have different opinion on a domain name and price it different. So you may want to have second opinion to give you a better indication of a domain’s value.
Here’s some domain appraisal service providers:
Remember, good domain names don’t come cheap. To make a profit, it’s not just buy low and sell high, you have to master the skill of buying high and selling higher!
